Comment ‘Trust’ to receive my Free Living Trust Guide and access to my Masterclass. Avoid transferring your home to your kids’ names! While it might help avoid probate, it creates a hefty capital gains tax issue. If you bought your home for $300,000 and it’s now worth $1 million, your kids would owe taxes on $700,000 if they sell. Instead, place your home in a living trust to avoid probate and enjoy the step-up in basis, ensuring the house is tax-free. #EstatePlanning #LivingTrust #AvoidProbate #CapitalGainsTax #FinancialPlanning #WealthManagement #Inheritance #TaxStrategies #RealEstate #LegacyPlanning